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Safaricom raises dividend 67pc as profit hits Sh99.7bn

Nairobi, May 7 -- Safaricom Plc has raised its total dividend by 66.7 percent to Sh2 per share for the year ended March 31, 2026 after posting a 67.3 percent rise in net profit to Sh99.7 billion, driv... Read More


Why it makes sense to look inward for funding

Nairobi, May 7 -- Many observers did not fully grasp the symbolism and significance of the appointment of Benedict Oramah as chairman of the Governing Council of Kenya's newly created National Infrast... Read More


Taxpayers' Sh448m annual burden in running Uhuru, Awori, Kalonzo offices

Nairobi, May 7 -- Aides of former President Uhuru Kenyatta and former vice-presidents Moody Awori and Kalonzo Musyoka are paid in excess of Sh100 million at taxpayers' expense, underlining the burden ... Read More


BAT Kenya tobacco farmers' earnings up to Sh1.4bn

Nairobi, May 7 -- Farmers contracted by BAT Kenya were paid Sh1.4 billion for their delivery of tobacco leaf last year, with their earnings from the cigarette manufacturer rising 27 percent from Sh1.1... Read More


The new front door: How AI is reshaping healthcare advertising

Nairobi, May 7 -- The "digital front door" represents a radical shift toward a new and permanent way of managing the patient experience. Much like the invention of the steam engine, the light bulb and... Read More


Kenya receives Sh5.4 bn grant to cut livestock methane emissions

Nairobi, May 7 -- Kenya has received a $42 million grant, equivalent to approximately Sh5.4 billion, from the Green Climate Fund to reduce methane emissions from its dairy sector across 12 counties. ... Read More


Safaricom first Kenyan firm to cross Sh100bn profit mark

Nairobi, May 7 -- A smaller loss in Ethiopia and M-Pesa's double-digit growth helped Safaricom report a 36.9 percent jump in profits, making the Kenyan unit the first to cross the Sh100 billion mark i... Read More


Ruto Reveals Details of Sh4.8 Trillion Election-Year 2027 Budget

Kenya, May 7 -- President William Ruto's government has put forward a Sh4.8 trillion budget for the financial year running to June 2027. Many see it as a key election budget aimed at strengthening sup... Read More


SRF rises after Q4 PAT climbs 11% YoY to Rs 582 cr

Mumbai, May 6 -- Total revenue from operations rose 7% year on year (YoY) to Rs 4,615.17 crore in the quarter ended 31 March 2026. Profit before exceptional items and tax stood at Rs 768.81 crore in ... Read More


Vodafone Idea, YES Bank, HFCL, JP Power, Filatex Fashions among the most traded stocks today, 6 May 2026

New Delhi, May 6 -- The Indian stock market witnessed decent gains during the first half of the session on Wednesday, 6 May, as a fall in crude oil prices amid fresh hopes of a possible US-Iran talks,... Read More